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Dec 28, 2012
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it is down to the wire now with about 80 hours until the fiscal cliff deadline. and on what is a holiday weekend for many, that is not the case for congressional leaders in washington. there was a sense of urgency today as the president met with house and senate leaders along with the treasury secretary and vice president a short while ago at the white house to try and forge a last-minute deal. the president says he is optimistic, but at this hour, the fiscal cliff still looms. we begin our coverage with nbc's white house correspondent, peter alexander who has been watching the developments all day. peter, good evening to you. >> reporter: natalie, good evening to you. after his first meeting with all of the top four congressional lawmakers since before thanksgiving, the president marched into the briefing room here at the white house and he said the time for immediate action is now. he called for a bipartisan agreement and said to congressional leaders, warning them the public's patience has worn out. after an hour-long closed-door meeting with the president, bo
it is down to the wire now with about 80 hours until the fiscal cliff deadline. and on what is a holiday weekend for many, that is not the case for congressional leaders in washington. there was a sense of urgency today as the president met with house and senate leaders along with the treasury secretary and vice president a short while ago at the white house to try and forge a last-minute deal. the president says he is optimistic, but at this hour, the fiscal cliff still looms. we begin our...
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Dec 28, 2012
12/12
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WMAR
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now to the looming fiscal cliff and the last-ditch effort to stop the nation from going over. >> the president is meeting with congressional leaders just about an hour ago. any last-minute deal will likely have to wait until the senate returns. >> reporter: president obama summoned congressional leaders to the white house today hoping for a deal to avoid the fiscal cliff. the power brokers have four days before the government starts slashing military and domestic spending. president obama is pushing for a stop gap measure that with avoid faxes on people earning less than $25,000. on capitol hill frustration is growing. both republicans and democrats sound look they have given up. outside the capitol democrats hauled out a times square ball prop with the emergency, don't drop the ball. >> the republicans refuse to ask those with the most in our society to give a little bit more. >> reporter: a simple stop gap measure is not what many in washington had hoped for. republicans blame president obama for the collapse of a bigger deal that would have cut spending and reduced the country's d
now to the looming fiscal cliff and the last-ditch effort to stop the nation from going over. >> the president is meeting with congressional leaders just about an hour ago. any last-minute deal will likely have to wait until the senate returns. >> reporter: president obama summoned congressional leaders to the white house today hoping for a deal to avoid the fiscal cliff. the power brokers have four days before the government starts slashing military and domestic spending. president...
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Dec 28, 2012
12/12
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WTTG
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what do you think about congress not reaching a deal on the fiscal cliff? do you think it is possible that i compromise will be reached before the deadline. share your comments on our facebook page. just search for fox 5 morning news. no space between fox and the number 5. we may share your comments on air. >> i'm sure you all have a lot to say. we would love to hear t. >>> a big story we are following. norman schwarzkopf has died. the retired general died from come indications of pneumonia. he was given the nickname stormin' norman and best known for leading international forces in iraq against shad's invasion of kuwait in 1991678 the 78-year-old managed to live a quiet retired life in tampa and kept pretty quiet on the u.s.'s decision to go to war with iraq again. >>> also this morning, former president george h. w. bush remains in intensive care at a texas hospital this morning. his chief of staff says his family is confident the 41st president will leave the hospital but expects to be there for a while. he is battling bronchitis, a lingering fever among
what do you think about congress not reaching a deal on the fiscal cliff? do you think it is possible that i compromise will be reached before the deadline. share your comments on our facebook page. just search for fox 5 morning news. no space between fox and the number 5. we may share your comments on air. >> i'm sure you all have a lot to say. we would love to hear t. >>> a big story we are following. norman schwarzkopf has died. the retired general died from come indications...
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Dec 30, 2012
12/12
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KGO
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cliff in the next 24 hours. >> okay, we are just about out of time. i want the bottom line from both of you even if senators reid and mcconnell come to a deal. you're the top republican vote counter. will it pass and will it fly in the house? will this be done in time? >> if there is enough in the agreement for republicans to be able to support it, and we can get a majority of republicans in the senate and a majority of democrats in the senate, then i think there's a good opportunity for a majority of democrats and republicans in the house to support such a package, and i think a lot of that depends upon whether president obama is willing to compromise this sort of fixation with raising taxes above anybody making more than $200,000 a year. >> reed and mcconnell are both very good leaders and vote counters. if they come to an agreement, they know that they will be able to carry a majority of each of their troops. the real question mark is the house. the house is a bit out of control. they're the reason we've had the problems all along but my guess, if
cliff in the next 24 hours. >> okay, we are just about out of time. i want the bottom line from both of you even if senators reid and mcconnell come to a deal. you're the top republican vote counter. will it pass and will it fly in the house? will this be done in time? >> if there is enough in the agreement for republicans to be able to support it, and we can get a majority of republicans in the senate and a majority of democrats in the senate, then i think there's a good...
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Dec 28, 2012
12/12
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WJLA
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just four days from going over the fiscal cliff. within the past 24 hours there have been no signs of a deal. lawmakers continue to blame each other for the stalemate. edthat has prompted president obama to call a meeting at the white house. >> in what is seen as an aa last-minute attempt president obama has called a meeting with nancy pelosi, mitch mcconnell, john boehner, and harry reid. they have before you are days to reach an agreement or the u.s. economy will go off the fiscal cliff. s when automatic spending increases and spending cuts would take effect. -- a deal will not be easy, because both sides if are involved in a high-stakes political blame game. >> we are here in washington working. the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president will be happy to look at whatever he proposes but the truth is we are coming up against a hard deadline. as i said, this is a conversation we shoul
just four days from going over the fiscal cliff. within the past 24 hours there have been no signs of a deal. lawmakers continue to blame each other for the stalemate. edthat has prompted president obama to call a meeting at the white house. >> in what is seen as an aa last-minute attempt president obama has called a meeting with nancy pelosi, mitch mcconnell, john boehner, and harry reid. they have before you are days to reach an agreement or the u.s. economy will go off the fiscal...
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Dec 28, 2012
12/12
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CNNW
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fiscal cliff faceoff. in just four days paychecks shrink and spending gets slashed if our elected officials can't figure out how to compromise. it will now be in the hands of these six leaders, the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday. logistically speaking here, is there still enough time to work out a deal? >> i will tell you logistically speaking, logistically speaking, yes. politically speaking, very much unclear, there's a growing amount of pessimism about whether or not that can be done. we've been talking for days about how eyes are on the senate to see what harry reid cobbles together to try to get republican support in the senate and house. he's saying it's hard to see how this can get done by january 1st. so we're seeing a lot of managing of ex
fiscal cliff faceoff. in just four days paychecks shrink and spending gets slashed if our elected officials can't figure out how to compromise. it will now be in the hands of these six leaders, the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday....
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Jan 1, 2013
01/13
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just three hours until we head over the fiscal cliff. the large concern here is the impact that going over the cliff would have on the economy. now economists say look, it's not going to be a windfall on wednesday. it's not going to be a complete disaster all at once. but what could happen is that the markets could begin to respond on wednesday. they're closed of course tomorrow for the holiday. and then over time, the average american could wind up paying about $2,000 more in their taxes. and if we went over the cliff and stayed over the cliff for a significant amount of time, the economy could eventually begin to dip back into recession. and that is really the big concern here. you've heard president obama talk about those concerns when he has held some of these public campaign events. he held one today to pressure congress to act. he has talked about the fact that this is a really about americans and the economy and preventing the economic recovery from being harmed. milissa? >> kristen, there concern at all in the white house that if
just three hours until we head over the fiscal cliff. the large concern here is the impact that going over the cliff would have on the economy. now economists say look, it's not going to be a windfall on wednesday. it's not going to be a complete disaster all at once. but what could happen is that the markets could begin to respond on wednesday. they're closed of course tomorrow for the holiday. and then over time, the average american could wind up paying about $2,000 more in their taxes. and...
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Dec 28, 2012
12/12
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KQED
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cliff talks after meeting with president obama. the president said he's modestly optimistic, but he warned, "the hour for immediate action is here..." dock workers on the east coast and gulf coast postponed a potentially crippling strike. and retired army general norman schwarzkopf passed away at the age of 78. he commanded the coalition victory over iraq, in the first gulf war. online, we look back at what 2012 meant for the health care reform law and what lies ahead in 2013. kwame holman tells us more. >> holman: ray suarez talks with jay hancock of kaiser health news about the year in health care and what changes in coverage can be expected next year. that's on our health page. on making sense, liberal economist and columnist paul krugman has a mea culpa moment, admitting to a mistake he made. and our own paul solman admits to a few as well as we come to the end of 2012. and you can look back at some of the most striking and oddest images captured by photojournalists this year. all that and more is on our web site newshour.pbs.o
cliff talks after meeting with president obama. the president said he's modestly optimistic, but he warned, "the hour for immediate action is here..." dock workers on the east coast and gulf coast postponed a potentially crippling strike. and retired army general norman schwarzkopf passed away at the age of 78. he commanded the coalition victory over iraq, in the first gulf war. online, we look back at what 2012 meant for the health care reform law and what lies ahead in 2013. kwame...
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Dec 28, 2012
12/12
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WJLA
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we begin this morning with a new effort to avoid the fiscal cliff. it's an 11th-hour attempt to reach a deal. but lawmakers are not optimistic. >> wendy gillette is here with the latest. good morning, wendy. >> reporter: good morning, president obama will meet be lawmakers this afternoon. time is running out with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before the fiscal cliff deadline. >> i have to be very honest, mr. president. i don't know, time-wise, how it can happen now. >> reporter: senate majority leader, harry reid, lashed out at house speaker, john boehner, accusing him of running a dictatorship. >> john boehner seems to care more about his leadership than keeping the country on a secure footing. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama
we begin this morning with a new effort to avoid the fiscal cliff. it's an 11th-hour attempt to reach a deal. but lawmakers are not optimistic. >> wendy gillette is here with the latest. good morning, wendy. >> reporter: good morning, president obama will meet be lawmakers this afternoon. time is running out with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before...
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Dec 28, 2012
12/12
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FBC
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time on latest details on the fiscal cliff talks. the financial sector on track for its biggest gain in nine years. what remains ahead for financials and what is at stake stake for the industry with the fiscal cliff looming? let's ask marty mosby, guggenheim bank analyst. let's talk about first, marty, we hear lloyd blankfein will be on phone to talk to president obama trying to garner his support, the president out of these ceos, but give us a sense what the banks are looking for out of any sort of negotiation on capitol hill as we proceed towards the cliff? >> well, the first thing that the banks would like to see is some, you know, at least some certainty and stability about how we're going to, get through this process and come out the other side. because as we're looking at either cutting spending or raising taxes those have impacts on the economic activity that these banks are going to be participating in. so some conclusions and some certainty. it will let them understand and prepare for what is going to be over the next three
time on latest details on the fiscal cliff talks. the financial sector on track for its biggest gain in nine years. what remains ahead for financials and what is at stake stake for the industry with the fiscal cliff looming? let's ask marty mosby, guggenheim bank analyst. let's talk about first, marty, we hear lloyd blankfein will be on phone to talk to president obama trying to garner his support, the president out of these ceos, but give us a sense what the banks are looking for out of any...
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Dec 28, 2012
12/12
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. >> speaking of the fiscal cliff showdown, the issue impacts all this. some of you may not be familiar with how we got into the situation in the first place. it started during a different presidency in a different era in our country's history. it started with president george w. bush in 2001. >> now we pass a bold package of tax relief for america's families proposed tax cuts were set to expire in 10 years. when it came time, the u.s. was emerging from the worst recession since the great depression. lawmakers extended the tax cuts. >> both houses have passed a package of tax relief. >>>> republicans say no higher tax rates on the rich. no tax hikes on anyone. >> we need to start cutting spending now. >> and a separate debate during 2011 republicans demand the government reduce its deficit as a condition for raising the nation's pulse of debt ceiling. a last-minute compromise, both sides agreed to trillions of dollars in spending cuts and another $1.20 billion in cuts to be decided by a special congressional supercommittee. if the supercommittee cannot re
. >> speaking of the fiscal cliff showdown, the issue impacts all this. some of you may not be familiar with how we got into the situation in the first place. it started during a different presidency in a different era in our country's history. it started with president george w. bush in 2001. >> now we pass a bold package of tax relief for america's families proposed tax cuts were set to expire in 10 years. when it came time, the u.s. was emerging from the worst recession since the...
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Jan 1, 2013
01/13
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. >> thank you, krystal ball, that wraps up our hour of the coverage of the fiscal cliff negotiations. thank you for joining us, and happy new year to you. msnbc's live coverage continues after this. >>> i am melissa rayburger, and we are continuing our coverage of the capitol hill, an agreement reached with the democrats and republicans to reach the deal. vice president joe biden came to meet with the democrats and try to sell the new deal that would prevent the across-the-board tax increases and spending cuts to a wide range of government programs. we've also learned that president obama personally called harry reid and nancy pelosi to ensure that they are on board with this plan. our chuck todd says it is not likely that we would see a deal on that vote before midnight, just on the logistical standpoint the house remains adjourned until tomorrow. mike, what is the latest you're hearing about a possible vote tonight, maybe not before midnight at this point, but sometime during the night? >> yeah, i don't think it will happen before midnight, just too many procedural hoops to jump th
. >> thank you, krystal ball, that wraps up our hour of the coverage of the fiscal cliff negotiations. thank you for joining us, and happy new year to you. msnbc's live coverage continues after this. >>> i am melissa rayburger, and we are continuing our coverage of the capitol hill, an agreement reached with the democrats and republicans to reach the deal. vice president joe biden came to meet with the democrats and try to sell the new deal that would prevent the across-the-board...
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Dec 28, 2012
12/12
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WTTG
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. >>> soon, only hours will be left to reach a come nice in the fiscal cliff talks. president obama is holding a summit at the white house today with congressional leaders and members of the house have to be back to work by 6:30 sunday night leaving them with just over 4 hours to come to a conclusion. steep cuts and tax hikes impacting from everything from your paycheck to the defense budget could take effect. >>> norman schwarzkopf has died. the retired general died from complications of pneumonia. he was best nope for leading international forces in iraq in 19916789 he was 78. >>> former president george h. w. bush remains in intensive care at a texas hospital this morning. his chief of staff says bush is getting excellent medical care but expects nobody the hospital for a while. he is battling bronchitis and other complications from it. the 88-year-old was admitted to the hospital more than a month ago. >>> three people were killed when a tractor-trailer that was stopped in traffic was rear ended by a pickup. all of the victims were in the pickup. this happened ab
. >>> soon, only hours will be left to reach a come nice in the fiscal cliff talks. president obama is holding a summit at the white house today with congressional leaders and members of the house have to be back to work by 6:30 sunday night leaving them with just over 4 hours to come to a conclusion. steep cuts and tax hikes impacting from everything from your paycheck to the defense budget could take effect. >>> norman schwarzkopf has died. the retired general died from...
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Jan 1, 2013
01/13
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CNNW
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word of a possible deal to avoid that fiscal cliff. the vice president of the united states, joe biden, he is now inside a room, closed door room, meeting with senate democrats. he's trying to sell the plan. it was just a few moment ago we saw him walk by our own dana bash up on capitol hill, with a lot of other reporters going into the room with the senate majority leader harry reid. watch the tape. >> can you flip around. can you flip around? we're going to get the vice president right now. we're going to get the vice president right now. mr. vice president, do you have a deal? >> happy new year. >> mr. vice president, we're live on cnn. do you have a deal? >> happy new year. >> senator reid, how do you feel? got to love live tv. there you go. >> we do love live tv. dana bash doing an excellent job on capitol hill. the vice president smiling broadly, just saying happy new year. here's what we know so far. the house minority leader nancy pelosi, the senate majority leader, harry reid, they have spoken to the president, they have signe
word of a possible deal to avoid that fiscal cliff. the vice president of the united states, joe biden, he is now inside a room, closed door room, meeting with senate democrats. he's trying to sell the plan. it was just a few moment ago we saw him walk by our own dana bash up on capitol hill, with a lot of other reporters going into the room with the senate majority leader harry reid. watch the tape. >> can you flip around. can you flip around? we're going to get the vice president right...
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Dec 28, 2012
12/12
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WUSA
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>> glor: tonight, fiscal cliff hanger. >> the hour for immediate action is here. it is now. >> glor: president obama speaks to the nation after speaking with congressional leaders. reports from major garrett and nancy cordes. elaine quijano on the family heartbreak after russia's president bans all adoptions to americans. >> we ask president putin, please, can he set an alternate means but don't let me children suffer. >> glor: he met saddam hussein and made it look easy. david martin on the death of general norman schwarzkopf and what the world did not know about him. and "on the road" with steve hartman as a man tries to save his wife of 56 years. an unusual request that gets a surprising response. >> got two of them and i only need one. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> glor: good evening, scott is off tonight. i'm jeff glor. it is the end of a holiday week, but it would appear congress is just getting started. tonight, the president said he is mottestly optimistic about a deal to avoid the fiscal cliff, which woul
>> glor: tonight, fiscal cliff hanger. >> the hour for immediate action is here. it is now. >> glor: president obama speaks to the nation after speaking with congressional leaders. reports from major garrett and nancy cordes. elaine quijano on the family heartbreak after russia's president bans all adoptions to americans. >> we ask president putin, please, can he set an alternate means but don't let me children suffer. >> glor: he met saddam hussein and made it...
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Dec 28, 2012
12/12
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WJZ
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cliff talks after meeting with president obama. the president said he's modestly optimistic, but he warned, "the hour for immediate action is here..." dock workers on the east coast and gulf coast postponed a potentially crippling strike. and retired army general norman schwarzkopf passed away at the age of 78. he commanded the coalition victory over iraq, in the first gulf war. online, we look back at what 2012 meant for the health care reform law and what lies ahead in 2013. kwame holman tells us more. >> holman: ray suarez talks with jay hancock of kaiser health news about the year in health care and what changes in coverage can be expected next year. that's on our health page. on making sense, liberal economist and columnist paul krugman has a mea culpa moment, admitting to a mistake he made. and our own paul solman admits to a few as well as we come to the end of 2012. and you can look back at some of the most striking and oddest images captured by photojournalists this year. all that and more is on our web site newshour.pbs.o
cliff talks after meeting with president obama. the president said he's modestly optimistic, but he warned, "the hour for immediate action is here..." dock workers on the east coast and gulf coast postponed a potentially crippling strike. and retired army general norman schwarzkopf passed away at the age of 78. he commanded the coalition victory over iraq, in the first gulf war. online, we look back at what 2012 meant for the health care reform law and what lies ahead in 2013. kwame...
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Jan 1, 2013
01/13
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FOXNEWSW
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we are an hour a half away from the final fiscal cliff deadline that congress will now miss. we have not seen a piece of legislation on o the floor yet and we may still as we continue to monitor all things up and capitol hill. we have you covered. we also have you covered up at times square with ma megyn kely and bill hemmer up at times square. they are having more fun. keep it right here on fox. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. >> with hotwire's low prices, i can afford to visit chicago for my first big race and l.a. for my best friend's wedding. because when hotels have unsold rooms, they use hotwire so i got my hotels for half-price! >> men: ♪ h-o-t-w-i-r-e ♪ hotwire.com looking live. tim
we are an hour a half away from the final fiscal cliff deadline that congress will now miss. we have not seen a piece of legislation on o the floor yet and we may still as we continue to monitor all things up and capitol hill. we have you covered. we also have you covered up at times square with ma megyn kely and bill hemmer up at times square. they are having more fun. keep it right here on fox. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush...
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Dec 28, 2012
12/12
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WRC
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. >>> just over a half hour ago, the fiscal cliff talks ended at the white house with just three days until we could all go over the edge. >>> and a wild ride. a crime spree comes to a dramatic end. >> he only wanted to see me just enough to hurry up and do what he wanted to do, which was take my pocketbook and for him to flee. >>> more on that? just a bit, but we begin with more messy winter weather. >> it's been a wild week where the weather is concerned. we've seen snow, sleet and rain, then strong winds blew in. >> now we're bracing for more snow, rain and cold numbers. doug kammerer is here where what we can expect. how about it, doug? >> we've been talking about that change in the weather pattern going from very warm and calm to a lot colder and stormier. that's exactly what we've seen happen really over the past week. i think that trend will continue as another storm moves in. rock winds out of
. >>> just over a half hour ago, the fiscal cliff talks ended at the white house with just three days until we could all go over the edge. >>> and a wild ride. a crime spree comes to a dramatic end. >> he only wanted to see me just enough to hurry up and do what he wanted to do, which was take my pocketbook and for him to flee. >>> more on that? just a bit, but we begin with more messy winter weather. >> it's been a wild week where the weather is...
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Jan 1, 2013
01/13
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cliff. >> hey. good to be back. >> just give me a quick overview of how you think this is going to go in the next hours and couple of days. >> it's looking good in the senate. it's democrats look like they're all on board. looks like mitch mcconnel has republicans on board. it needs to pass with large margin. the big question mark is the house. john ba john baoehner has had this marker. he said no to his own plan b bill that had the tax rates going up for those over a million dollars. there's no question will be republican defections in the house. can he keep together a ma jorjo of his caucus. the house republicans have been so unpredictable that i couldn't wager a guess on that. i would think they want to take this deal and live to fight another day but you just don't flow until you see the votes come through. >> i'm sure you just overhead my conversation. john boehner is in really tough spot. talk about your thoughts on what he's got to be doing as far as the dance to please members of his party a
cliff. >> hey. good to be back. >> just give me a quick overview of how you think this is going to go in the next hours and couple of days. >> it's looking good in the senate. it's democrats look like they're all on board. looks like mitch mcconnel has republicans on board. it needs to pass with large margin. the big question mark is the house. john ba john baoehner has had this marker. he said no to his own plan b bill that had the tax rates going up for those over a million...
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Dec 28, 2012
12/12
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MSNBCW
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on the fiscal cliff. with me now former pennsylvania democratic congressman and retired three-star navy admiral joe sestak who served as campaign press secretary for rick santorum. i want to get -- quick sfrons you about general schwartzkopf. you are a military man. it is remarkable to me while he was very much involved in desert storm, he was a little critical of the iraq war when no weapons of mass destruction were found the second time. >> i think that's because his legacy will be that he is a soldier's soldier. as was mentioned he knew when was the cost of this war. not only for the nation but individuals. if you remember that one briefing, mother of all briefings, one journalist said to him why isn't the marine corps going more quickly lou the mine fields and looked at that journalist and said have you ever been in a minefield? i have in viet ma'am. put each foot down not knowing if it will be blown off. he was cautious for the nation and for his men and women. what a great general. >> indeed. now we
on the fiscal cliff. with me now former pennsylvania democratic congressman and retired three-star navy admiral joe sestak who served as campaign press secretary for rick santorum. i want to get -- quick sfrons you about general schwartzkopf. you are a military man. it is remarkable to me while he was very much involved in desert storm, he was a little critical of the iraq war when no weapons of mass destruction were found the second time. >> i think that's because his legacy will be that...
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Dec 28, 2012
12/12
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., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it to the house floor for a vote before new year's eve and house minority leader nancy pelosi says she can wrangle all the democratic votes it needs to pass because you would expect a lot of house republicans to vote no, so you need almost all the house democrats to vote yes. if that sounds almost too good to be true, it probably is. >> and then they sing kumbaya. never, ever going to happen. and if it does -- >> reporter: they braid each other's hair. >> you got it. we're more likely to see that. so tell us a
., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of...
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cliff if enacted. those bills await action by the senate if the senate will not approve and send them to the president to be signed into law in their current form. they must be amended and returned to the house. the house will take this action on whatever the senate can pass, but the senate must first act. the house has passed bills that would never pass the senate. speaker boehner's position is a joke. senate majority leader harry reid responded, house republicans pushed middle class families closer to the blip by wasting an entire week with their incompetent plan b stunt no further legislation can move through the senate until republicans drop their knee jerk obstruction. the house is literally phoning it in, tomorrow's conference call will reportedly include the entire caucus, not just republican leadership, the irony is that if we go over the cliff, the president will get whatever he wants on texas, and there's been a growing acknowledgement of this by some house and senate republicans. here's sena
cliff if enacted. those bills await action by the senate if the senate will not approve and send them to the president to be signed into law in their current form. they must be amended and returned to the house. the house will take this action on whatever the senate can pass, but the senate must first act. the house has passed bills that would never pass the senate. speaker boehner's position is a joke. senate majority leader harry reid responded, house republicans pushed middle class families...
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people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive tax increases and deep spending cuts. treasury department would have trouble paying its bills. many worry the financial woes would plunge the u.s. back into a recession. within possible effect of the fiscal cliff/fro, -- milk prices could spike two or three dollars a gallon because farm -- some are calling that dairy cliff. >>> 6:17. mike here tracking light rain.i. l >> i'd like to. >> here's mike with the weather. >>> thank you, hope you are having a great friday morning dry sky over san francisco from the east to sutro tower. light rain showing up off the sonoma county coast,oo8Ñ let's zoom down and show you highway 1 from to inverness looks like it is raining but not reaching the ground. sprinkles possible during the as air mass start to moisten under this flow from the west. best chance of light rain around noon and later this afternoon. until then, chilly, dress for temperatures in the 30s everywhere, except fremont, 41, oakland if you are san francisco 44, monterey bay, everyb
people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive tax increases and deep spending cuts. treasury department would have trouble paying its bills. many worry the financial woes would plunge the u.s. back into a recession. within possible effect of the fiscal cliff/fro, -- milk prices could spike two or three dollars a gallon because farm -- some are calling that dairy cliff. >>> 6:17. mike here tracking light rain.i. l...
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listen to her take. >> they're willing to take us over the fiscal cliff essentially controls john boehner, preventing him from being able to make any reasonable deal to avoid taxes increasing on 98% of americans and 97% of small businesses. >> being held hostage. knew that the clock was ticking. >> well, i don't know if it's so much that he boxed himself in. there is a fact out there that we now see more districts represented by people who win by over 20%, so they are hyper-partisan. yes, there are more republicans who are hyper-partisan than there are democrats. >> is boehner betting on the president losing? >> i don't know. i think what he was betting on is he could play his cards a little better. where he really lost control was on the parliament b move. i don't know what happened there. i think peel were hopeful they could come to a deal, but for a big deal to happen action he wood to have gone without the majority in congress, that could have led to a bigger deal, which he wasn't ready to do now, but perhaps after he's reelected speaker with the new congress in, he could put forward.
listen to her take. >> they're willing to take us over the fiscal cliff essentially controls john boehner, preventing him from being able to make any reasonable deal to avoid taxes increasing on 98% of americans and 97% of small businesses. >> being held hostage. knew that the clock was ticking. >> well, i don't know if it's so much that he boxed himself in. there is a fact out there that we now see more districts represented by people who win by over 20%, so they are...
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there are just 28 hours before the nation goes over the so-called fiscal cliff. fox chief white house correspondent ed henry has been at the white house, covering it all day. ed, where do things stand? >> good to see you, dana, you've been through the budget battles. the bottom line, there's not a lot of progress, so the white house is here and waiting and looking at what kind of last minute negotiations were going on, on capitol hill behind closed doors, but the senate majority leader harry reid a short time ago going home and basically saying that he will be back in the senate until tomorrow at 11 a.m., suggests that we're edging closer and closer to that cliff, but what the president did today. as he did something rare, he went on the sunday talk show for the first time in three years, went on nbc's meet the press and the last time he did one of the shows was promote health care reform today and try and back republicans back into a corner and suggested that maybe he's starting to play the blame game and saying if we go off the cliff it's going to be republican
there are just 28 hours before the nation goes over the so-called fiscal cliff. fox chief white house correspondent ed henry has been at the white house, covering it all day. ed, where do things stand? >> good to see you, dana, you've been through the budget battles. the bottom line, there's not a lot of progress, so the white house is here and waiting and looking at what kind of last minute negotiations were going on, on capitol hill behind closed doors, but the senate majority leader...
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they arrived there about an hour ago with three days to go before we go over that proverbial fiscal cliff. they are meeting with the president and the treasury secretary timothy geithner, and they are trying to hash out a deal. but reports that the president has nothing new on the table has ended up spooking wall street in a big way just in the last hour, and as bill said we finished down near the lows of the day, down about 157 points for the dow. settling up right now. down what, about 165 at the very low, bill? >> i think so, yes. >> and the nasdaq finishing down 25 points and the s&p off by 15, a fifth straight day in the red. well, it is the last friday of 2012. it's in the books. check. still no deal in sight and no new offer either on the table from the president as eamon javers told us a little while ago. what now for the markets? we have our guests and our very own rick sell sebak with us. rick, let me get to you, first of all, because you're here on the set. what now for the markets? >> what now for the markets? it's going to be up or down dramatically which makes it challenging
they arrived there about an hour ago with three days to go before we go over that proverbial fiscal cliff. they are meeting with the president and the treasury secretary timothy geithner, and they are trying to hash out a deal. but reports that the president has nothing new on the table has ended up spooking wall street in a big way just in the last hour, and as bill said we finished down near the lows of the day, down about 157 points for the dow. settling up right now. down what, about 165 at...
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so where do fiscal cliff talks stand at this critical hour? nbc's kristen welker is on the north lawn and luke russert are both following developments this saturday afternoon. kristen, i'll start with you. any indication at this particular point as to what's happening behind closed doors this afternoon? >> reporter: well, i think most of the action is going on in the hill where staffers with majority leader reid and minority leader mcconnell are trying to conjure up some last-minute deal and this plan would not be the grand bargain that john boehner started initially working on. that plan would have dealt with tax reform and deficit reduction and this will be a much more scaled back version that will deal with the issue of taxes and that is still the big sticking point, taxes. of course, democrats and president obama have called for tax rates to increase on those making $250,000 or less. republicans have said that's way too low. so they're thinking about potentially compromising on a rate that would be $400,000 or $500,000, but some republican
so where do fiscal cliff talks stand at this critical hour? nbc's kristen welker is on the north lawn and luke russert are both following developments this saturday afternoon. kristen, i'll start with you. any indication at this particular point as to what's happening behind closed doors this afternoon? >> reporter: well, i think most of the action is going on in the hill where staffers with majority leader reid and minority leader mcconnell are trying to conjure up some last-minute deal...
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any moment now we expect to hear from president obama on the 11th hour fiscal cliff talks that he had this afternoon with the congressional leaders. we're joined now about nbc's kristin welker who is on the north lawn of the white house to give us a sense of where we think the talks are at. earlier today we just heard from senate leader mitch mcconnell's office saying he hopes that senate leaders can make recommendations on the fiscal cliff by sunday. kristin, i just want to ask you while we're waiting for the president to come out here, do you get a sense of where the white house is feeling these talks are going? >> reporter: according to a source close to the talks, president obama thought the conversation was constructive this afternoon. he apparently reiterated the plan that he basically mapped out last friday, which would extend the bush era tax cuts for those making $250,000 or less, extend unemployment insurance as well as the estate tax, and i am told that those are two of the sticking points, the estate tax as well as that $250,000 figure. so that's really where the problem l
any moment now we expect to hear from president obama on the 11th hour fiscal cliff talks that he had this afternoon with the congressional leaders. we're joined now about nbc's kristin welker who is on the north lawn of the white house to give us a sense of where we think the talks are at. earlier today we just heard from senate leader mitch mcconnell's office saying he hopes that senate leaders can make recommendations on the fiscal cliff by sunday. kristin, i just want to ask you while we're...
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there are just two days left before we go over the fiscal cliff, barring an 11th hour deal. joining us now former senate and governor from new hampshire judd gregg now an adviser to goldman sachs international. and julian epstein, democratic strategist with law media group. judd, now that you're a goldman sachs man, i assume that goldman sachs people call you and say what's going to happen? what do we tell our clients who are asking us what to do and how to play this? and you tell them what? >> well a few people occasionally call me. andrew it's gregg judd if you want to get the name right. >> what did i say? >> you said judd gregg. >> he's one of the judds. >> it is judd gregg. >> thank you. >> he's totally -- >> yanking both of your -- >> i've been having such a hard morning i believed you for about a second. >> you've got to say it's epstein like frankenstein. >> i'm good with whatever you're good with. >> my view has been all along that these folks are going to reach an agreement. unfortunately it doesn't look that way right now. they do have this meeting and i think if
there are just two days left before we go over the fiscal cliff, barring an 11th hour deal. joining us now former senate and governor from new hampshire judd gregg now an adviser to goldman sachs international. and julian epstein, democratic strategist with law media group. judd, now that you're a goldman sachs man, i assume that goldman sachs people call you and say what's going to happen? what do we tell our clients who are asking us what to do and how to play this? and you tell them what?...
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is just hours away from going over that fiscal cliff. without a deal before midnight, americans will be bringing in this new year with sweeping tax hikes and swing -- a tactic -- and cuts. >> >> t . >> i hope that they can work together and realize that this is affecting everyone. >> both chambers will reconvene this morning at whichthat they k together and realize that this is affecting everyone. >> both chambers will reconvene this morning at which point, there are just 12 hours left until this deadline. >> whatboth chambers will recone this morning at which point, there are just 12 hours left until this deadline. >> what are lawmakers working on today? >> we understand that senator harry reid, the majority leader, will what are lawmakers workingn today? >> we understand that senator harry reid, the majority leader, will reintroduce the pre fiscal cliff, maryland would be hit hard with hundreds of millions of dollars and tens of thousands of jobs lost. >> if america falls off that fiscal cliff, maryland would be hit hard with hundreds
is just hours away from going over that fiscal cliff. without a deal before midnight, americans will be bringing in this new year with sweeping tax hikes and swing -- a tactic -- and cuts. >> >> t . >> i hope that they can work together and realize that this is affecting everyone. >> both chambers will reconvene this morning at whichthat they k together and realize that this is affecting everyone. >> both chambers will reconvene this morning at which point, there...
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it could be the last shot to avoid going over the so-called fiscal cliff. but is the meeting just for show or could we really truly be close to a deal? doug is live in washington with more details, what are we in for? >> to be a fly on the wall in this meeting. these are the players that will be there today. the president with congressional leaders from both parties to see if they can get something done. it may be substantive, it may be window dressing. >> any time you announce a meeting publicly in washington, it's usually for political theater purposes. nothing good ever comes from it. there is one thing you have to do in politics. if the president meets with a foreign leader, you want to make sure you know what's going to happen at the meeting. when the president calls congressional leaders to the white house, it's all political theater or they've got a deal. my bet is all political theater. >> kelly: well, we will see. >> congress thee receipticcally could get something done. we saw the congress work yesterday. the house is going to be back here getting
it could be the last shot to avoid going over the so-called fiscal cliff. but is the meeting just for show or could we really truly be close to a deal? doug is live in washington with more details, what are we in for? >> to be a fly on the wall in this meeting. these are the players that will be there today. the president with congressional leaders from both parties to see if they can get something done. it may be substantive, it may be window dressing. >> any time you announce a...
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. >>> it could be a make or break day for fiscal cliff negotiations. still ahead, what is happening in just hours that could produce a last-minute deal. >>> the countdown is also on on sunday's big game. the redskins and cowboys, so much on the line for both teams. dave ross is here with a closer look at the rivalry and match- up. we'll be right back. >>> welcome back. the northeast starting to dig out after a massive winter storm dumped up to two feet of snow across upstate new york and northern new england. heavy rain and strong winds pounded coastal areas already devastated by superstorm sandy. the storm system is now blamed for at least 16 deaths nationwide. here in our area, maryland is reporting a death of a man in frederick county due to hypothermia. this has been a mess. >> been a busy week. >> so we've done round one and round two. are you ready for wound round three? >> bring it on. >> not going to be a major event but we do have snow back in the forecast for the day saturday. >> that was kind of a letdown there. >> there we go. >
. >>> it could be a make or break day for fiscal cliff negotiations. still ahead, what is happening in just hours that could produce a last-minute deal. >>> the countdown is also on on sunday's big game. the redskins and cowboys, so much on the line for both teams. dave ross is here with a closer look at the rivalry and match- up. we'll be right back. >>> welcome back. the northeast starting to dig out after a massive winter storm dumped up to two feet of...
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the house has already passed legislation to avoid the entire fiscal cliff. >>> the president gets set to land in washington this hour. there's new word that the president has called all four congressional leaders. reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking
the house has already passed legislation to avoid the entire fiscal cliff. >>> the president gets set to land in washington this hour. there's new word that the president has called all four congressional leaders. reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate...
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two hours left from the fiscal cliff. the revelers are ready to party, and we are here for you all night. back to the programming totion e that injunction against the contraceptive mandate? >> it is a surprisingri, pringlehey lt be >> a christian-based company, and they think that that is part of their credo, and 10mandment l commandments, the golden rule. the living hearing purchase pilt will kill babies. we are not going to do it. but the circuit court, the appeals court said we are going to hold up that ruling against it. in this particular case, the court says you are right that your religious exercise is something limited. you can still were shut and you say to that you are limited wit. rtgard to obamacare.ou now come the ccuit court is saying nothing can happen until the appeal is theard. lou: as you say, well, -- it iss a short odds proposition to have got the injunction. how long are the odds to move to the supreme court? >> i think the odds are not good. o o end, they are ensuring that the catholic organizationsc
two hours left from the fiscal cliff. the revelers are ready to party, and we are here for you all night. back to the programming totion e that injunction against the contraceptive mandate? >> it is a surprisingri, pringlehey lt be >> a christian-based company, and they think that that is part of their credo, and 10mandment l commandments, the golden rule. the living hearing purchase pilt will kill babies. we are not going to do it. but the circuit court, the appeals court said we...
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. >> now would be a very good time to assess the impact of the fiscal cliff on your 401(k). despite the fact that leaders are meeting this afternoon. the dow, nasdaq, and s & p futures all pointing lower this hour. investigators have no stomach for this high-stakes game of chicken played on capitol hill. look at yesterday's chart for the dow. the index taking a big dive at the open with investors finding little hope for a fiscal cliff come on misz. when word came out that the two sides were meeting, the dow rebounded to positive territory. expect another day like that today. we'll talk with debbie stabenow. >>> he was the most popular american general since world war ii. tributes from around the world are pouring in for stormin norman schwarzkopf. he crushed the iraqi military in the 1999 gulf war and liberated kuwait. he may have been the perfect front man for a war that played out live in your living room. barbara starr live with more. barb rar? >> president obama remembers general is schwarzkopf as an american original. he accomplished something on the battlefield few oth
. >> now would be a very good time to assess the impact of the fiscal cliff on your 401(k). despite the fact that leaders are meeting this afternoon. the dow, nasdaq, and s & p futures all pointing lower this hour. investigators have no stomach for this high-stakes game of chicken played on capitol hill. look at yesterday's chart for the dow. the index taking a big dive at the open with investors finding little hope for a fiscal cliff come on misz. when word came out that the two...
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good to be with you. >>> fiscal cliff talks, we are at a standstill, 32 hours before we reach the edge of this press cis miss. senate sfleshts taken the time out to speak after the butting heads on two key issue, one involving tax rates, the other social security. ali velshi is in new york, dana bash is live on capitol hill. we will start with you, dana. what has gotten lawmakers now not seeing eye to eye? >> reporter: actually, let me answer that by asking one of the members of the senate republican leadership, senator john thune, who just came out of the senate republican meet egg. senator, can you tell us where do things stand as far as republicans feel? >> well, look, republicans advanced a proposal last night. you heard senator mcconnell talk about that on the floor. we are still awaiting a counteroffer by the democrats. and there was an indication that we could have received that by 10:00 this morning. we have yet to receive it. but there are discussions that continue. senator mcconnell and vice president biden are continuing to discuss this and we think there perhaps still could
good to be with you. >>> fiscal cliff talks, we are at a standstill, 32 hours before we reach the edge of this press cis miss. senate sfleshts taken the time out to speak after the butting heads on two key issue, one involving tax rates, the other social security. ali velshi is in new york, dana bash is live on capitol hill. we will start with you, dana. what has gotten lawmakers now not seeing eye to eye? >> reporter: actually, let me answer that by asking one of the members of...
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yes i'm talking about the fiscal cliff. hello, good to be with you. we are just two days now remaining that is, until the countdown clock and the pressure is mounting on lawmakers to get a deal done. both houses of congress are back in session this sunday ready to vote on a plan that senate leaders are trying to hammer out right now. if a deal isn't reached, your taxes will go up and government spending will be slashed. dana bash and jessica yellin are covering all angles of the story. let's start with dana on capitol hill who has heard word of a setback in the talks. dana, what do you know? >> setback from the perspective of democrats. we should underscore that. this is any information that is coming out. is coming out for a purpose. this is certainly significant. when it comes to the democrats' perspective. and that is, they are very unhappy and they call a quote poison pill. what they say is an offer from the republicans to include in this deal, which has been from the democrats perspective, mostly focused on taxes to include in it, a change in a t
yes i'm talking about the fiscal cliff. hello, good to be with you. we are just two days now remaining that is, until the countdown clock and the pressure is mounting on lawmakers to get a deal done. both houses of congress are back in session this sunday ready to vote on a plan that senate leaders are trying to hammer out right now. if a deal isn't reached, your taxes will go up and government spending will be slashed. dana bash and jessica yellin are covering all angles of the story. let's...